USAA takes its story to the White House

USAA Federal Savings Bank President David Bohne is heading to the White House on Thursday to meet with other banking officials and Obama’s economic team about consumer credit card issues.

“We look forward to meeting with administration officials to share best practices and discuss how we best serve the interests of consumers as well as card issuers during this difficult economy,” Bohne said in a statement.

What are those credit card issues? Some include charging exorbitantly high interest rates, and/or starting off with a teaser rate and then jacking that up.